Firm reference number 833240
The Credit Union was authorised from 21 Jan 2020 as the first Sharia compliant credit union in the UK. The full application was submitted to the regulators in Feb 2019.
They started as a Steering Group set up in 2015 to establish and ethical and inclusive finance solution to interest based student finance.
In 2016 they gained support from Ansar Finance who have agreed to host the credit union. Throughout the process they were assisted guidance from UK Credit Unions Ltd who are the trade association.
They had completed the Barclays Credit Union Training Programme in 2018.
This credit union is here to support students through courses and professional development. This is based on members of the credit union starting to save towards the cost of university education and continuing to pay similar level instalments through university and beyond. This spreads the cost over a number of years.
YourB is hosted by Ansar Finance in Manchester who have been offering interest free personal loans for over twenty five years.
Want to find out more?
Visit the YourB Credit Union website, or get in touch with their team:
Telephone – 0161 12868365
Email – info@yourB.org.uk
British Credit Union Historical Society 